Question
Can I deduct mortgage interest for home owned by dependent parent?
Hello, I am looking for clarification on claiming mortgage interest for two different properties on my 2026 return. Here is my specific situation:
Primary Residence: The house is in my name, I live here, and I pay the mortgage.
Mother’s House: My mother lives here, has the deed in her name(ladybird deed with me being the beneficiary), and she is my legal tax dependent(has SSI income). I am a co-signer on the mortgage, and I am the one making the actual monthly payments directly to the lender.
With my mother being my dependent, and a co-signer on her home, and the mortgage payments going directly from my bank account, can I claim both houses as an itemized deduction?
Thanks
